Lifetime Mortgage Bank Of Ireland

Retirement Mortgage Bank Of Ireland

  • No need to make monthly payments
  • Use the money to help your family buy their first home
  • Still, have some mortgage outstanding? No problems
  • Could be used to help tax planning
  • Product not impacted by COVID 19
  • No brokers fees added on
  • Properties which are made up of multiple titles are acceptable

If you don’t want a lifetime mortgage or equity release, and just want a normal mortgage at 1.97% regardless of your age please Click Here

  • Your Requirements

  • Please enter a number from 6000 to 2000000.
  • About You

  • Date Format: DD dash MM dash YYYY
  • By clicking Submit and ticking the box above you agree to be contacted by an FCA authorised advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy.

Not interested in equity release? Do you just want a conventional mortgage at 1.97% regardless of your age please Click Here

lifetime mortgage
retirement mortgages interest only
retirement mortgage
lifetime mortgage interest only

  • Get a RIO mortgage before Brexit ruins house prices

  • Please enter a number from 10000 to 2000000.
  • About You

  • Please enter a number from 25 to 95.
  • By clicking Submit and ticking the box above you agree to be contacted by email or telephone by an FCA authorised equity release advisor and confirm that you have read and agreed to our Terms & Conditions and our Privacy Policy

lifetime mortgage interest only
reverse mortgage

 

How much is it common to release from a home

The more elderly you are and the sicker you are the more cash you can release.

Home Equity Loan Newbury Building Society Mortgages for 2020

Pure Retirement Ltd joint lifetime mortgage

Pure Retirement - Classic Super Lite

Pure Retirement Ltd lifetime mortgage

LV= lifetime mortgage

Canada Life - Lifestyle Lite

More2Life - Capital Choice Plus Plan

Hodge Lifetime lifetime mortgage

Legal & General - Flexible Indigo

Canada LIfe - Interest Select Gold Flexi

Disadvantages of Lifetime Mortgages

Home reversion plans can reduce the value of your estate. Interest-only lifetime mortgages may impact ability to get state benefits. You may need to pay a solicitor’s fee and you could be exposed to changes in interest rates with some products.

It is very regular to find people seeking out home reversion plans, lumpsum lifetime mortgages or lifetime mortgage with flexible drawdown cash release, however, Age Partnership like AIG Life are keen to see paperwork to show your personal situation in the form of investment statements.

 

Equity Release LTV Percentages

  • 55% lumpsum lifetime mortgages Maximum cover Equity Release
  • 40% loan to value lifetime mortgage with flexible drawdown cash release Blemain

 

Areas in the UK where retirement mortgages are popular

  • Chagford
  • Glossop
  • Workington
  • Beccles
  • Goole
  • Okehampton
  • Leyland

Aviva Lifetime Mortgages

Hodge Lifetime Equity Release

Hodge Lifetime

 

  • Hodge Lifetime Flexible Voluntary Repayment Plan
  • L&G Legal & General Premier Flexible Lifetime Mortgage
  • More2Life Capital Choice Plan
  • Aviva Lifetime Mortgages
  • Canada Life Interest Select Gold Flexi
  • Pure Retirement Equity Release
  • Nationwide Interest Only Lifetime Mortgage
  • Saga Equity Release Schemes
  • Age Partnership Equity Release Plans
  • Age Partnership Equity Release Schemes
  • HSBC Equity Release Schemes

 

Equity Release UK Providers

  • Key Solutions
  • LV lifetime mortgage
  • Age Concern

Interest Only Lifetime Mortgages Aldermore Bank in 2020

Retired small business owners that may be interested in lifetime mortgages

  • Primary education Carnforth
  • Publishing of computer games Yate
  • Other specialised construction activities n e c St Ives
  • Manufacture of ovens, furnaces and furnace burners Burnham-on-Sea
  • Wholesale of textiles Haslemere
  • Manufacture of ceramic tiles and flags Mildenhall
  • Packaging activities Wivenhoe
  • Manufacture of knitted and crocheted hosiery Rochford
  • Financial leasing Stockton-on-Tees
  • General medical practice activities Earley
  • Construction of bridges and tunnels Bradford-on-Avon
  • Manufacture of other machine tools Fordwich
  • Other retail sale of new goods in specialised stores not commercial art galleries and opticians Alsager
  • Other mining and quarrying n e c Orford
  • Freshwater fishing Hungerford
  • Other service activities incidental to land transportation, n e c Crewe
  • Manufacture of women’s underwear Melksham
  • Plumbing, heat and air-conditioning installation Bottesford
  • Construction of roads and motorways Loddon
  • Activities of distribution holding companies Stanley
  • Other letting and operating of own or leased real estate Tidworth
  • Wholesale of other intermediate products Penzance
  • Construction of railways and underground railways Stevenage
  • Business and domestic software development Falmouth
  • Risk and damage evaluation Oswestry

The lender will want to know if the property is a Semi detached freehold house or a Leasehold flat and if the resident is an AST Tenant.